2024-09-05-accounts - Lindley Out-Of-School Club

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- - LINDLEY OUT OF SCHOOL CLUB

REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 5TH SEPTEMBER 2024

Charity Commission Reference Number 1067540

Company Registered Number 3406222

First Floor , Unit 12 Pennine Business Park Longbow Close Bradley Huddersfield, HD2 1GQ

LINDLEY OUT-OF-SCHOOL CLUB REPORT AND FINANCIAL STATEMENTS

Contents Legal and Administrative Information Statement of Trustees' Responsibilities Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements	Page 1. 2. 3 - 4. 5 - 6. 7. 8. 9 - 15.

LINDLEY OUT-OF-SCHOOL CLUB

LEGAL AND ADMINISTRATIVE INFORMATION

1. CONSTITUTION

Lindley-Out-Of-School Club is a company limited by a guarantee(Company No. 3406222) and a registered charity (Charity No. 1067540) governed by its Memorandum and Articles of Association.

2. DIRECTORS AND TRUSTEES

The directors of the charitable company (''the charity'') are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees.

The trustees serving during the year and since the year end were as follows:

Trustees: J. Dyson S. Smith G. McDougald V. Golding Independent Examiner: Walter Dawson and Son First Floor, Unit 12 Pennine Business Park Longbow Close, Bradley Huddersfield, HD2 1GQ Bankers: Lloyds TSB 1 Westgate Huddersfield HD1 2DN Registered Office: Gledholt Methodist Church Edgerton Grove Road Huddersfield HD1 5QX

LINDLEY OUT-OF-SCHOOL CLUB

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing a trustee's report (incorporating the strategic report and directors' report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity's trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure of the charitable company for that period. In preparing the financial statements, the trustees are required to:

(a) select suitable accounting policies and then apply them consistently;
(b) observe the methods and principles in the Charities SORP;
(c) make judgements and estimates that are reasonable and prudent;
(d) state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
(e) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for maintaining proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

In so far as the trustees are aware:

(a) there is no relevant audit information of which the charitable company's auditors are unaware; and
(b) the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

LINDLEY OUT-OF-SCHOOL CLUB

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 5TH SEPTEMBER 2024

The trustees are pleased to present their annual report together with the financial statements of the charity for the year ended 5th September 2024 which are also prepared to meet the requirements for a directors report and accounts for Companies Act purposes.

The legal and administrative information set out on page 1 forms part of this report.

The financial statements comply with the Charities Act 2011, Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK (FRS 102).

1. Structure, Governance and Management

The management of the charity is the responsibility of its directors, who are elected at each annual general meeting. The directors also act as the charity's trustees.

2. Objectives and Activities

The principal activity of the charity is to provide the necessary facilities for the daily care, recreation and education of children during out of school hours and school holidays.

When planning the activities for the year, the trustees have considered the Commission's guidance on public benefit.

3. Achievements and Performance

The charity has made a deficit of £1,183 (2023: surplus £13,105). This has resulted from an increase in the wages and salaries to £218,335 (2023: £184,499). This was due to an increase in the number of employees to support the work that was carried out was more than expected. The rise in the living wage in April led to a significant increase also. The Club also now has more contracted staff and those aged over 21.

LINDLEY OUT-OF-SCHOOL CLUB

FOR THE YEAR ENDED 5TH SEPTEMBER 2024

REPORT OF THE TRUSTEES

4. Financial Review

At 5th September 2024 the charity's net assets stood at £110,074 (2023: £111,257). The trustees consider this to be satisfactory.

5. Reserves Policy

It is the policy of the charity to hold in reserve the equivalent of three months running costs to cover unforeseen circumstances which may arise. Any funds in excess of this are invested into fixed term bonds.

This report has been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice. In preparing this report advantage has been taken of the small companies exemption.

This report was approved and authorised for issue by the Trustees on 17th October 2024 and signed on their behalf by:

G. McDougald

Chairman

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LINDLEY OUT-OF-SCHOOL CLUB

I report to the charity trustees on my examination of the financial statements of the charitable company for the year ended 5th September 2024 which are set out on pages 7 to 15.

Responsibilities and Basis of Report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the financial statements of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under Section 145 of the Charities Act 2011 (the '2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

(a) accounting records were not kept in respect of the company as required by Section 386 of the 2006 Act; or
(b) the financial statements do not accord with those accounting records; or
(c) the financial statements do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
(d) the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK (FRS 102).

INDEPENDENT EXAMINER'S REPORT TO THE

TRUSTEES OF LINDLEY OUT-OF-SCHOOL CLUB

Independent Examiner's Statement (continued)

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Julie A Young FCCA ACA WALTER DAWSON & SON

Chartered Accountants

First Floor, Unit 12 Pennine Business Park Longbow Close Bradley Huddersfield, HD2 1GQ

17th October 2024

LINDLEY OUT-OF-SCHOOL CLUB

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 5TH SEPTEMBER 2024

Unrestricted Funds	Total 2024	Total 2023
£ 1,559 269,286 -	£ 1,559 269,286 -	£ 546 245,418 2,287
270,845	270,845	248,251
270,651 1,377	270,651 1,377	233,825 1,321
272,028	272,028	235,146
( 1,183) -	( 1,183) -	13,105 -
( 1,183) 111,257	( 1,183) 111,257	13,105 98,152
110,074	110,074	111,257

All incoming resources and resources expended derive from continuing activities.

LINDLEY OUT-OF-SCHOOL CLUB

BALANCE SHEET AS AT 5TH SEPTEMBER 2024

£ £ 370 45 1,674 121,494 123,213 (13,509) 109,704 110,074 110,074 110,074 2024	£ £ 370 45 1,674 121,494 123,213 (13,509) 109,704 110,074 110,074 110,074 2024	£ £ 462 116 635 122,649 123,400 (12,605) 110,795 111,257 111,257 111,257 2023	£ £ 462 116 635 122,649 123,400 (12,605) 110,795 111,257 111,257 111,257 2023
123,213 (13,509)		123,400 (12,605)

	110,074		111,257
	110,074		111,257
	110,074		111,257

The directors consider that the charitable company is entitled to exemption from the requirement to have an audit under the provisions of Section 477 of the Companies Act 2006. Members have not required the company under Section 476 of the Act to have an audit for the year ended 5th September 2024. The directors acknowledge their responsibilities for ensuring that the charitable company keeps accounting records which comply with Section 386 of the Act, and for preparing financial statements which give a true and fair view of the state of affairs of the charitable company, as at 5th September 2024, and of its surplus for the year then ended in accordance with the requirements of Section 396 of the Act, and which otherwise comply with the requirements of the Act relating to the financial statements so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 17th October 2024 and signed on their behalf by:

G. McDougald

TRUSTEE

- LINDLEY OUT OF SCHOOL CLUB NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5TH SEPTEMBER 2024

1. STATUTORY INFORMATION

Lindley Out-Of-School Club is a charitable company domiciled in England and Wales, registered number 3406222. The principal place of business is the registered office, details of which are set out on page 1.

2. COMPLIANCE WITH ACCOUNTING STANDARDS

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK (FRS 102), Charities SORP (FRS 102) and the Companies Act 2006.

3. ACCOUNTING POLICIES

The financial statements have been prepared under the historical cost convention.

The presentation currency is sterling.

The particular accounting policies adopted are as follows:

(a) Donations, Legacies and Similar Incoming Resources

Donations, legacies and similar incoming resources are included in the year in which they are receivable, which is when the charity becomes entitled to the resource.

(b) Grants Receivable and Local Authority Fees

Grants receivable and local authority fees are credited to the Statement of Financial Activities (SOFA) in the year for which they are received.Deferred income represents amounts received for future periods and is released to income resources in the period for which it has been received.Government grants related to the Job Retention Scheme are recognised in the SOFA in the period necessary to match the grant with the related costs that they are intended to compensate.

(c) Investment Income

Income from investments is included in the SOFA in the year in which it is receivable.

- LINDLEY OUT OF SCHOOL CLUB NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5TH SEPTEMBER 2024

3. ACCOUNTING POLICIES

(d) Expenditure

All expenditure is included on an annual basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources expended in the SOFA. The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT.

(e) Tangible Fixed Assets

Depreciation is provided on a reducing balance basis over the expected useful lives of each category of tangible fixed assets:

Fixtures and Fittings

20% per annum on written down value

(f) Stock

Stocks have been valued at the lower of cost and estimated selling price less costs to sell.

(g) Pension Costs

The charity operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are recognised in the SOFA when due.

(h) Leasing

Rentals payable under operating leases are charged to the SOFA on a straight line basis over the period of the leases. The benefits of lease incentives are recognised in the SOFA over the lease period on a straight line basis.

(i) Fund Accounting

Funds held by the charity are either:

. Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
. Designated funds - these are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.
. Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

- LINDLEY OUT OF SCHOOL CLUB NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5TH SEPTEMBER 2024

3. ACCOUNTING POLICIES

(j) Cash Flow Statements

The charity qualifies as a small company under the Companies Act 2006. The trustees have elected to take advantage of the exemptions under FRS 102 not to prepare a cash flow statement.

4. LEGAL STATUS OF THE CHARITY

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up the liability in respect of the guarantee is limited to £10 per member of the charity.

5. INVESTMENTS

Bank Interest Received

Unrestricted Funds	Total 2024	Total 2023
£ 1,559	£ 1,559	£ 546
1,559	1,559	546

6. CHARITABLE ACTIVITIES

Fees

Unrestricted Funds	Total 2024	Total 2023
£ 269,286	£ 269,286	£ 245,418
269,286	269,286	245,418

7. OTHER INCOME

Apprentice grants

Unrestricted Funds	Total 2024	Total 2023
£ -	£ -	£ 2,287
-	-	2,287

- - LINDLEY OUT OF SCHOOL CLUB NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5TH SEPTEMBER 2024

8. CHARITABLE ACTIVITIES

CHARITABLE ACTIVITIES
Rent Administrative and Travel Costs Materials Wages, Salaries and Pensions (including NI) Food Training Costs Depreciation	Unrestricted Funds	Total 2024	Total 2023
	£ 218,335 25,612 5,534 12,667 7,079 1,332 92	£ 218,335 25,612 5,534 12,667 7,079 1,332 92	£ 184,499 25,052 5,940 11,112 6,102 1,004 116
	270,651	270,651	233,825

9. OTHER COSTS

OTHER COSTS
Accountancy Fees Sundry Expenses	Unrestricted Funds	Total 2024	Total 2023
	£ 1,364 13	£ 1,364 13	£ 1,308 13
	1,377	1,377	1,321

10. STAFF COSTS AND TRUSTEES' REMUNERATION

Other Pension Costs Wages and Salaries Social Security Costs	2024	2023
	£ 204,333 10,925 3,077	£ 168,100 11,147 5,252
	218,335	184,499

No employee received remuneration amounting to more than £60,000 in either year.

Trustees received no remuneration and were not reimbursed for any of their expenses in either year.

The average weekly number of employees during the year, calculated on the basis of full time equivalents, was as follows:

equivalents, was as follows:
Charitable Activities	2024	2023
	No. 19	No. 18
	19	18

- LINDLEY OUT OF SCHOOL CLUB NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5TH SEPTEMBER 2024

11. NET INCOME/(EXPENDITURE) FOR THE YEAR

This is stated after charging: Depreciation Accountants Fee	2024	2023
	£ 92 1,364	£ 116 1,308

12. CORPORATION TAX

The charity is exempt from tax on income and gains falling within Section 505 of the Taxes Act 1988 or Section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

13. TANGIBLE FIXED ASSETS

At 6th September 2023 Additions At 5th September 2024 Cost : Net Book Value : At 5th September 2024 At 5th September 2023 Depreciation : At 6th September 2023 Charge for Year At 5th September 2024	Fixtures and Fittings	Total
	£ 4,895 -	£ 4,895 -
	4,895	4,895
	4,433 92	4,433 92
	4,525	4,525
	370	370
	462	462

- LINDLEY OUT OF SCHOOL CLUB NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5TH SEPTEMBER 2024

14. 15.	CREDITORS :Amounts Falling Due Within One Year DEBTORS Prepayments and Accrued Income	2024	2023
		£ 1,674	£ 635
		1,674	635

CREDITORS :Amounts Falling Due Within One Year
Pension contributions Accruals and Deferred Income Other Creditors	2024	2023
	£ 7,275 815 5,419	£ 8,475 - 4,130
	13,509	12,605

16. PENSION COSTS

The charity operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the charity in an independently administered fund. The pension cost represents contributions payable by the charity to the fund and amounted to £3,077 (2023: £5,252). Contributions totalling £349 (2023: £NIL) were payable to the fund at the year end and are included in creditors.

17. LEASING COMMITMENTS

The charity had total commitments under non-cancellable operating leases as detailed below:

Operating Leases Which Expire: Within One Year Between One to Five Years After More than Five Years	2024 £ 2,373 - - 2,373	2023
		£ 508 - -
		508

18. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Net Assets at 5th September 2024 Tangible Fixed Assets Current Assets Current Liabilities	General Funds £ 370 123,213 (13,509) 110,074	Total Funds
		£ 370 123,213 (13,509)
		110,074

- LINDLEY OUT OF SCHOOL CLUB NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5TH SEPTEMBER 2024

19. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Restricted Funds Total Restricted Funds Unrestricted Funds General Funds Total Unrestricted Funds TOTAL FUNDS	At 6th September 2023	Income	Expen- diture At 5th September 2024 £ £ - - - - (272,028) 110,074 (272,028) 110,074 (272,028) 110,074
	£ -	£ -
	-	-
	111,257	270,845
	111,257	270,845
	111,257	270,845